Licensees numbers continue to decline

Despite several months of rising home sales prices [the Reno-Sparks median sales price is up 31 percent Y-o-Y] the number of licensed brokers and agents throughout the state continues to decline — as agents leave the business voluntarily, or otherwise. According to the most recent data released by the State of Nevada Real Estate Division the number of licensees has hit yet another new low.

The Real Estate Division has licensee data going back to April 2007. Since that time, statewide, Active licensees has fallen nearly 32 percent. The number of Inactive licensees (those placing their licenses on ice temporarily) has plummeted more than 52 percent — an indication those former agents are likely not to return to the business. Combined, the number of Active and Inactive licensees in the state has fallen more than 36 percent over the past six years.

Washoe County-wide, Active licensees has dropped more than 21 percent since 2007. The number of Inactive licensees has fallen over 58 percent. Combined, the number of Active and Inactive licensees in the County has fallen more than 32 percent.

Active Inactive Total
Washoe County Licensed RE Agents and Brokers
April 2013 2,490 543 3,033
September 2012 2,506 555 3,061
May 2012 2,517 587 3,104
January 2012 2,537 623 3,160
June 2011 2,574 699 3,273
February 2011 2,578 744 3,322
March 2010 2,644 803 3,447
November 2009 2,737 779 3,516
September 2009 2,737 796 3,533
August 2009 2,725 817 3,542
March 2009 2,770 1,022 3,792
December 2008 2,888 1,001 3,889
September 2008 2,791 1,011 3,802
June 2008 2,984 1,085 4,069
January 2008 3,104 1,142 4,246
October 2007 3,176 1,134 4,310
August 2007 3,229 1,137 4,366
June 2007 3,221 1,237 4,458
April 2007 3,166 1,304 4,470

 

Active Inactive Total
Statewide Licensed RE Agents and Brokers
April 2013 19,719 3,704 23,420
September 2012 19,832 3,642 23,474
May 2012 19,925 3,855 23,780
January 2012 19,987 4,264 24,251
June 2011 20,395 4,861 25,256
February 2011 20,744 5,276 26,020
March 2010 22,139 5,652 27,791
November 2009 22,612 5,802 28,414
September 2009 22,865 5,943 28,808
August 2009 22,920 6,066 28,986
March 2009 23,466 7,448 30,914
December 2008 24,327 7,457 31,784
September 2008 23,814 7,345 31,159
June 2008 25,986 7,518 33,504
January 2008 26,997 7,470 34,467
October 2007 28,115 6,970 35,085
August 2007 28,548 6,988 35,536
June 2007 28,763 7,418 36,181
April 2007 28,886 7,723 36,609

Source: Nevada Real Estate Division

Related post: Number of licensees numbers continue to decline (November 2012)

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About Guy Johnson

I am a licensed Nevada REALTOR® (lic.# S.0075262.LLC) living and working in fabulous Reno, Nevada. I cover Reno, Sparks, Incline Village, Carson City, and beyond. Give me a call at 775-722-4011 and I will be happy to assist you with your real estate needs. I'm your Guy!
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One Response to Licensees numbers continue to decline

  1. Avatar Guy Johnson says:

    A recent story in MSN Money tells of some markets across the U.S. experiencing a recent surge in the number of new real estate agents entering the business — see This trend could signal a new housing bubble – Here we go again. The number of Realtors is rising, fueling concerns about an overheating real estate market.

    Could this trend be coming to the Reno-Sparks market next? After six consecutive years of declining agent count coupled with 18 months of rising home prices, I would not be surprised.

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